San Mateo, Calif. -- GoPro, the San Mateo-based maker of wearable cameras, said on Wednesday it will eliminate more than 200 full-time positions and close its entertainment division as part of a company-wide restructuring aimed at cutting $650 million of annual expenses. Together with the elimination of open positions, the company's total workforce will be reduced by approximately 15%. Founder and CEO Nicholas Woodman said the goal of the moves is to return the company to profitability in 2017. "Consumer demand for GoPro is solid and we've sharply narrowed our focus to concentrate on our core business," said woodman. Additionally, GoPro said that Tony Bates will step down as its president at the end of the year. http://investor.gopro.com/press-releases/press-release-details/2016/Solid-Holiday-Demand-In-The-US-For-GoPro-HERO5/default.aspx _____________________________________________

o Rocket10 Lands $3 Million Investment from Finstar Financial Group

San Francisco -- Rocket10, a Russian mobile marketing agency with U.S. headquarters in San Francisco, said on Wednesday it has landed a new $3 million investment from Finstar Financial Group, a Russian private equity firm focused on fintech. As part of the deal, Finstar will utilize Rocket10's mobile marketing technology across its portfolio of companies, and also has secured the right to further increase its equity stake in the firm. Rocket10 said it will use the proceeds to accelerate its advertising and marketing technology development, focusing on programmatic buying, buying-automation and virtual reality technologies. "The transaction will significantly strengthen Rocket10 as we launch a joint venture in the U.S. and expand our presence in Asia," said co-founder Boris Abaev. The firm currently generates more than 40% of its business from the U.S. http://rocket10.com/ http://finstar.com/finstar-announces-investment-in-mobile-marketing-tech-company-rocket10/ _____________________________________________

Santa Clara, Calif. -- Agilent Technologies, the Santa Clara-based developer of laboratory technology tools, on Wednesday opened a new $14.7 million technology center in Folsom. The new 53,000 square-foot building, adjacent to the company's existing facility at 91 Blue Ravine Road, will house approximately 60 additional staff. It includes a new customer applications laboratory and collaboration space, as well as facilities for providing the company's scientific consumables and supplies. "This new facility expands Agilent's capabilities for chromatography consumables and hardware, which are used in laboratories around the world and for critical health, safety and product quality decisions," said Henrik Ancher-Jensen, Agilent's president of order fulfillment and supply chain. http://www.agilent.com http://www.agilent.com/about/newsroom/presrel/2016/30nov-ca16036.html _____________________________________________

o Intel Names Leaders for IoT and Self-Driving Car Technology Groups

Santa Clara, Calif. -- Intel, the Santa Clara-based computer chip giant, has named Tom Lantzsch as the new senior vice president and general manager of its Internet-of-Things Group. Lantzsch most recently served as the executive vice president of strategy at ARM, where he spent the past 10 years. The company also has named Doug Davis as the senior vice president and general manager of its newly formed Automated Driving Group (ADG), which will focus on developing technology for self-driving cars. Davis, a 30-year Intel veteran, said he has postponed his planned retirement to lead the new unit. https://newsroom.intel.com/editorials/new-leader-intels-iot-business-elevating-automated-driving/ _____________________________________________ o Bay Area Public High Schools Ranked Among Nation's Best on Niche List

Self-driving cars, ridesharing, the hyperloop and massive investments in bicycle infrastructure are all culminating into significant disruption in transportation. And it's happening at a global level. On this panel, hear from experts who share their insights into how disruption in transportation will change our daily lives. Learn what the implications are for the environment, business, work, shopping and even real estate prices.

Self-driving cars, ridesharing, the hyperloop and massive investments in bicycle infrastructure are all culminating into significant disruption in transportation. And it's happening at a global level. On this panel, hear from experts who share their insights into how disruption in transportation will change our daily lives. Learn what the implications are for the environment, business, work, shopping and even real estate prices. Speakers: Robert Sadow, CEO and Co-Founder of Scoop Technologies; Aarjav Trivedi, CEO of RideCell; Jessica Scorpio, Founder of GetAround; Adam Vollmer, Founder and CEO of Faraday Electric Bicycles Location: WeWork Transbay, 535 Mission St. 14th Floor, San Francisco Time: 6:00 P.M. to 8:30 P.M. For more information and to register, click here. _____________________________________________

> California-based Marketing Representative - Fairfax County EDA

The Fairfax County (Virginia) Economic Development Authority seeks a Los Angeles/Orange County-based marketing and business development representative. Responsibilities include promoting Fairfax County as a technology center to California companies considering expansion to the east coast. Fairfax County, home to approximately 9,000 technology companies is located just outside of Washington DC. For further details, visit the FCEDA web site at http://www.fairfaxcountyeda.org/about-fceda/contracting-opportunities or contact Flor Morrobel at fmorrobel@fceda.org Responses are due on December 30, 2016 by 2:00 p.m. ET. Proposals submitted via email and/or fax will not be considered. Qualified applicants will be interviewed in California the week of February 6, 2017. _____________________________________________ > Vice President Product Management

We are looking for a strong Vice President of Product Management who will play a major growth role for a nearly 1 BN dollar, high growth, publicly traded, online marketplace and information services company, one of the leading technology companies in the United States. This is our oldest commercial client, 11+ years, and we can provide exceptional insights into the company's culture, its people, and the opportunity. In addition to the tactical Product skill sets and experiences required below, this executive must offer significant experiences interacting with C-level leaders. He or she will play an instrumental role in defining and shaping the Product function across the company, working closely with both the Division President and the Corporate CEO, and interacting daily with multiple peers in different functional areas. The company continues to grow rapidly, both organically and through acquisition. This leader will have a history of scaling a world-class product capability and team. The role is headquartered in our client's beautiful Los Angeles office. Full relocation is offered. Benefits are comprehensive. Compensation ranges from 280k - 375k, plus upfront equity and annual equity grants. Candidates must have a history of job stability, have a strong educational background, and be a pleasure to work with. The pace is fast, the opportunity to make an impact is significant, the people are bright and motivated, politics are kept to a minimum; it's very much a meritocracy. For more information or to apply, contact bill.hoffman@trustedforce.com. _____________________________________________ > Proven, Cost-effective IN-MARKET Support for Federal Contractors of all Sizes and Disciplines

KPYoung & Associates, Inc. provides proven, cost-effective support for Federal Contractors of all sizes and disciplines. Services include Growth Strategy; Marketing and Communications; Business Development; Capture Strategy / Proposal Response; and Business Management. Kevin Young is a long-time, Washington, DC-based resource as a Professional (IBM Federal, Unisys, SAIC); Management Consultant (Capgemini, CSC, Deloitte, Deltek, ITT, Leidos); Adjunct Professor (George Mason University's School of Business); and Thought Leader (Government Market Master™ Executive Education Program). Honors over 30-plus years include IBM Outstanding Achievement in Marketing Award, IBM Award of Excellence, and (as IBM site team) the Malcolm Baldrige National Quality Award. Federal clients and Contractor clients are available upon request; full credentials and references may be found via www.linkedin.com/in/kevinpyoung. For an introductory call, please contact Kevin at 703-794-1100 or kevinpyoung@earthlink.net. _____________________________________________

> Campaigns & Marketing Summit - Dec. 1 - Washington, D.C.

The Campaigns & Marketing Summit on December 1 at the National Press Club brings together 300+ brand marketers, PR and advocacy professionals, and political campaign strategists to discuss their common tactics, strategies, tools and platforms. It is the only conference to bring together both brand and political marketers. This unique fusion in both speakers and attendees produces fresh insights and empowers attendees to push the boundaries of what's possible in their own fields. One thing you're guaranteed to take away from CAM Summit: actionable strategies and tactics that set you apart from peers. www.camsummitdc.com _____________________________________________

> Advertising on Bay Area Tech Wire

Post jobs, events, webinars, whitepapers or service ads on Bay Area Tech Wire and grow your business. Reach more than 7,000 business and technology professionals from the Bay Area.http://www.bayareatechwire.com/

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